UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☒ 1934 For the quarterly period ended March 31, 2024 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☐ 1934 For the transition period from ________ to ________ Commission File Number: 1-9700 THE CHARLES SCHWAB CORPORATION (Exact name of registrant as specified in its charter) Delaware 94-3025021 (State or o ...

The Charles Schwab Corporation (SCHW) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this company have returned +4.4% over the past month versus the Zacks S&P 500 composite's -4.2% change. The Zacks Financial - Investment Bank industry, to which Charles Schwab belongs, has gained 0.3% over this period. Now the key question is: Where could the stock be headed in the near term ...

Charles Schwab's bank account deposits declined substantially during the Federal Reserve's aggressive interest-rate-hiking campaign. Here's the latest update on their current situation.One year ago, deposit outflows became a real problem for banks, and a few failed because of it. One financial company that struggled with falling deposits is Charles Schwab (SCHW 0.13%). That's because rising interest rates have made it more attractive for investors to move their money into higher-yielding alternatives. Inves ...

Subscribers to Chart of the Week received this commentary on Sunday, April 21.There aren’t many constants on Wall Street, but one is bank stocks paving the way for the new cycle of quarterly reports. They always offer investors a sneak peek of what to expect each earnings season. One of the first to enter the ring is usually Charles Schwab (SCWH), which took a haircut back in January on the back of a disappointing fourth quarter whiff. This time around, the banking giant’s first-quarter earnings and revenue ...

公司业绩 - 第一季度2024年，公司核心净新增资产达到450亿美元，年增长率为6%[1] - 总客户资产达到创纪录的9.1万亿美元，同比增长20%[1] - 调整后净收入为47亿美元，同比增长6%[1] - 调整后净利润为15亿美元，每股摊薄收益为0.74美元[1] - 第一季度新开设的经纪账户超过100万个[2] - 第一季度净收入为47.4亿美元，较去年同期下降7%[15] - 资产管理和管理费收入为13.48亿美元，较去年同期增长21%[15] - 交易收入为8.17亿美元，较上一季度增长7%[15] - 总体净利润为13.62亿美元，较上一季度增长30%[15] - 每股基本收益为0.69美元，较上一季度增长35%[15] - 现金及现金等价物为318亿美元，较上一季度下降35%[15] - 净利息收入为22.33亿美元，净利息率为2.02%[16] - 资产管理和管理费收入为13.48亿美元，较去年同期增长21%[17] - 其他资产管理和管理费为6.9亿美元，较去年同期增长11%[17] - 其他资产相关费用为0.69亿美元[18] - 客户账户资产总额在2024年第一季度达到9118.4亿美元，较2023年同期增长20%[19] - 客户账户中的专有互惠基金和CTFs总额为721.7亿美元，较2023年同期增长39%[19] - 2024年第一季度，客户账户中的交易所交易基金总额为2019.5亿美元，较2023年同期增长28%[19] - 2024年第一季度，客户账户中的股票和其他证券总额为3467.7亿美元，较2023年同期增长25%[19] - 2024年第一季度，客户账户中的固定收益证券总额为779.0亿美元[19] - 2024年第一季度，客户账户中的保证金贷款余额为68.1亿美元，较上一季度增长13%[19] - 2024年第一季度，客户账户中的净新资产总额为88.2亿美元，较上一季度增长33%[19] - 2024年第一季度，新增经纪账户数量为1094个，较上一季度增长20%[19] - 2024年第一季度，活跃经纪账户数量为35301个，较上一季度增长1%[19] - 2024年第一季度，银行账户数量为1885个，较上一季度增长3%[19] - 2023年3月，公司从平台外的Schwab银行零售CD中获得了190亿美元的资金流入[25] - 2023年10月至12月，公司与一家大型国际客户的关系出现了资金流出，分别为8亿、6.2亿和5.4亿美元[25] - 2023年4月，公司从一家共同基金清算服务客户处获得了120亿美元的资金流入[25] 费用和资本 - 资产管理和管理费用同比增长21%，达到创纪录的13亿美元[4] - 客户交易活动的混合变化导致每笔交易的平均收入下降5%，为2.25美元[4] - 总费用同比下降2%，其中收购和整合相关成本、收购无形资产摊销和重组成本降低了40%至1.4亿美元[4] - Charles Schwab银行的资本比率继续增长，初步的第一层杠杆和调整后的第一层杠杆分别达到10.4%和5.7%[4] - 2024年第一季度，公司调整了GAAP财务指标，以排除收购和整合相关成本，摊销收购的无形资产和重组成本[35] - 2024年第一季度，公司的调整后总费用为2802万美元，调整后净收入为1469万美元[35] - 2024年第一季度，公司的调整后税前利润率为40.9%[37] - 2024年第一季度，公司的调整后每股稀释收益为0.74美元[37] - 2024年第一季度，公司的调整后资本回报率为39%[38] - 2024年第一季度，公司的调整后调整后一级杠杆比率为5.3%[38]

业绩总结 - 公司在第一季度实现了47亿美元的收入，净利润达到0.74美元[47] - 预计2024年将实现强劲的收入和盈利增长，2025年及以后仍有持续的顺序增长[55] - 预计到2025年底，净利息净利润率将接近3%[52] 用户数据 - 客户平均每日交易量增长15%，客户借款余额增长9%[10] - Schwab Wealth Advisory的推荐得分达到80，显示出客户对其付费咨询和指导的高度认可[14] - 前Ameritrade客户转换后的推荐得分在90天内平均增加25分，9个月后增加45分[16] 未来展望 - 预计到2024年底，调整后的第一层资本杠杆率将达到上限6%[57] - 预计如果利率下降100个基点以下，会逐渐看到现金比例在交易性现金解决方案和经纪商现金解决方案与货币市场基金之间的转变[87] - 公司在7月更新中将提供更新的费用展望，目标是费用增长基本持平，继续控制费用并且有望在今年年底前完全实现与Ameritrade整合相关的费用协同效应[103]

With its big deal largely done, the company's attention is focused on returning cash to shareholders.Charles Schwab (SCHW 3.69%) delivered solid earnings and said it was focused on returning capital to shareholders. Investors liked the tone of the report, sending shares up about 4% as of 11:30 a.m. ET.Strong markets driving asset growthSchwab has long been one of the most prominent retail brokerages, a position it solidified via its 2020 acquisition of TD Ameritrade. But the last few years have been spent m ...

Key TakeawaysCharles Schwab beat first-quarter profit and revenue estimates as the runup in U.S. equities during the quarter fueled its business.The discount brokerage and financial advisory firm said investor sentiment "improved noticeably" during the first three months of the year.Schwab's brokerage accounts, trading volume, and margin balances all increased. Shares of Charles Schwab (SCHW) rose 4% in early trading Monday after the discount brokerage and financial advisory firm reported better-than-expect ...

Key PointsThe Charles Schwab Company had a decent quarter and is expected to return to growth soon.Margins are widening sequentially and point to robust cash flow and capital returns. Analysts provide a tailwind for the market, which may strengthen now that results are in. 5 stocks we like better than Charles SchwabThe Charles Schwab Company NYSE: SCHW can hit new highs, not just a new weekly or monthly high but a new multi-year high with the potential for a new all-time high. The last year was challenging ...

For the quarter ended March 2024, The Charles Schwab Corporation (SCHW) reported revenue of $4.74 billion, down 7.4% over the same period last year. EPS came in at $0.74, compared to $0.93 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $4.71 billion, representing a surprise of +0.56%. The company delivered an EPS surprise of +1.37%, with the consensus EPS estimate being $0.73.While investors scrutinize revenue and earnings changes year-over-year and how they compare ...